- Oracle will be more than doubled his cloud income during the 20128 financial year with an agreement of $ 30 billion
- The Openai Stargate project will see $ 500 billion invested in the United States
- The IA company should rent 4.5 additional GW Oracle
OPENAI said that it was set to rent an additional 4.5 Gigawatts of power center power in addition to its current Oracle portfolio to feed its next Stargate project – a major initiative to extend its IA data center infrastructure across the United States.
The huge agreement is part of the OpenAi plan of $ 500 billion announced in January 2025 alongside major partners, notably Oracle and SoftBank.
The CEO of Oracle, Safra Catz, recently revealed that the company obtained a major contract worth $ 30 billion in annual income, many are starting to speculate if Openai could be the greatest client of the Cloud giant.
Openai to rent even more power from the Oracle data center
Although Openai has not shared specific details on the Stargate project, we know that it is focused on an investment of $ 500 billion covering four years, starting with a first investment of $ 100 billion.
We also know that Oracle plans to build new data centers in Texas, Michigan, Wisconsin and Wyoming, with other sites in New Mexico, Georgia, Ohio and Pennsylvania also potentially on maps (via Bloomberg), which largely aligns the Stargate Project Plans to “secure American leadership in AI” and “support the reindustrialisation of the United States”.
Commenting during the exit from the company’s profits from the company 2025 of the company – a period when the total income of the company increased by 8% – Catz wrote: “FY25 was a very good year – but we believe that FY26 will be even better because our income growth rates will be considerably higher.”
“Oracle is on the right way to be not only the largest cloud application company in the world, but also one of the largest cloud infrastructure companies in the world,” added Catz. Oracle has a market capitalization of $ 645.98 billion, which took him several steps behind his main rivals of hyperscalers of several billion dollars.
Oracle did not respond to Techradar ProThe request for comments on the mystery agreement of $ 30 billion, which should come into play during the year 2028.
